oil
The current form is similar to the sideways trading form, but it is tilted to the downside, because the downward movement is fast and has long candles, and the ascending form is candles with tails, and its shape is also short.
So
I expect the price to fall to the level of 71.23
This is a great level to buy due to the presence of a price cluster (harmonic...
Price is abiding by an ascending trendline and is near buy entry price of 1.12535 which is also 78.6% Fibonacci retracement. Price can potentially go to the take profit level of 1.13747 which is the graphical swing high and 100% Fibonacci projection. Our bullish bias is supported by the RSI indicator.
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